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Fly News Breaks for March 15, 2018
PEGI, TERP
Mar 15, 2018 | 05:26 EDT
Goldman Sachs analyst Brian Lee downgraded TerraForm Power (TERP) to Sell and lowered his price target for the shares to $11 from $12. The analyst believes execution risk and below average growth could drive share underperformance over the next 12 months. He calls Pattern Energy (PEGI) his top idea among the YieldCos and reiterates a Buy rating on the shares.
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